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High
What else can I help you with?
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Is the level of competition high or low in the mixed economy?
low
Is the competition high or low in the mixed economy?
no
Is the level of competition high or low in the market economy?
It would be high cause everyone is "at war" with any and every business, thus competition would be very hard at work and their going for money and profits. This is my first answer on this website so no harshness please!
How would the Chinese economy be characterized?
china's economy is a centrally planned economy with a high level of government control
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Is the level of competition high or low in the economy?
It is high because everyone in the economy is trying to make money.
Is the level of competition high or low in the mixed economy?
low
Is the level competition high or low in the command economy?
It is low
Is the competition high or low in the mixed economy?
no
Is the level of competition high or low in the market economy?
It would be high cause everyone is "at war" with any and every business, thus competition would be very hard at work and their going for money and profits. This is my first answer on this website so no harshness please!
Describe competition level in India?
Competition level in India not high they just want simple things. They are looking to take care of mergers.
How would the Chinese economy be characterized?
china's economy is a centrally planned economy with a high level of government control
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What best states the main difference between monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What are the main features of a traditional economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
What is the definition of tradition-based economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
